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If you were selling your home in Southern Pines in 2018, it was a good year for you. In 2018, there were 2.8 more homes sold than 2017 even with 11% fewer homes on the market. The average home sales price was up by almost 5%, however the days your home was on the market increased by 7.26%. Southern Pines followed the same absorption rate trend as Moore County with a rate of 4.5 months squarely putting them in a Seller’s Market.
With the spring selling season fast approaching, buyers and sellers should become familiar with the market and how these numbers can influence how you list your home or what kind of offer you present. Contact a Towering Pines Real Estate Agent today to help you navigate the Southern Pines real estate market.
© 2019 Fayetteville Association of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Fayetteville Association of Realtors and the Broker Reciprocity Program.sm information is being provided is for consumers\' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Towering Pines Real Estate are marked with the BR logo and detailed information about them includes the name of the listing brokers, all listings are provided courtesy Fayetteville Association of Realtors .
Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-02-16.
© 2019 Multiple Listing Service of the Mid Carolina Regional Association of REALTORS® All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Mid Carolina Regional Association of REALTORS® MLS. Real estate listings held by brokerage firms other than Towering Pines Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information last updated on 2019-02-16.
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